West Sacramento EV Rechargerie (2025)

West Sacramento EV Rechargerie (2025)

Open  for investment

About this raise

Mynt Systems is raising funds on Climatize. It is a development, engineering, and construction firm focused on making commercial properties more profitable and sustainable. Mynt Systems is currently raising funds for the West Sacramento EV Rechargerie project. The new rechargerie will add ten hyper-fast charging stations to one of the most popular driving routes in California. Derek Hansen and Corrina Hansen founded Mynt Systems in April 2015. The current crowdfunding campaign has a minimum target of $1 million and a maximum target of $1.67 million. The campaign proceeds will be used for project costs and other costs.

Expand

Investment Overview

Committed this round: $1,670,000

Deal Terms

Total Commitments

Platform
Climatize
Start Date
02/27/2025
Close Date
03/28/2025
Min. Goal
$1,000,000
Max Goal
$1,670,500
Min. Investment

$10

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

9.00%

Term Length

7.0 years

Company & Team

Company

Year Founded
2015
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Santa Cruz, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
36
Prior Founder Exits?
No
Founder Name
Derek Hansen
Title
CEO
Founder Name
Corrina Hansen
Title
CFO

Financials

as of Fiscal Year 2023
 Revenue +1% YoY
$10,304,004
 Monthly Burn
$982
 Runway
24+ months
Gross Margin
35%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$10,304,004

$10,174,277

COGS

$6,690,089

$6,907,038

Tax

$35,527

$37,479

 

 

Net Income

$-11,785

$14,390

Summary Balance Sheet

FY 2023 FY 2022

Cash

$448,951

$368,427

Accounts Receivable

$1,388,815

$1,693,346

Total Assets

$2,703,110

$2,717,391

Short-Term Debt

$646,225

$629,782

Long-Term Debt

$2,357,671

$2,376,301

Total Liabilities

$3,003,896

$3,006,083

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Mynt Systems 04/06/2032 Climatize - $1,380,000 Debt Active RegCF
West Sacramento EV Rechargerie 03/28/2025 Climatize - $1,670,000 Debt Active RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Mynt Systems on Climatize 2025
Platform: Climatize
Security Type: Debt

Follow company

Follow Mynt Systems on Climatize 2025

Buy West Sacramento EV Rechargerie's Deal Report

West Sacramento EV Rechargerie Deal Report

Get Kingscrowd's comprehensive report on West Sacramento EV Rechargerie including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether West Sacramento EV Rechargerie is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the West Sacramento EV Rechargerie deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge